Hennion & Walsh Asset Management Inc. Sells 25,982 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Hennion & Walsh Asset Management Inc. lessened its position in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 8.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 283,492 shares of the financial services provider’s stock after selling 25,982 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.24% of Goldman Sachs BDC worth $3,430,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in shares of Goldman Sachs BDC by 4,607.0% in the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $28,000 after buying an additional 1,981 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 1,275 shares during the last quarter. WFA Asset Management Corp acquired a new position in Goldman Sachs BDC in the 3rd quarter valued at approximately $33,000. Centaurus Financial Inc. raised its stake in shares of Goldman Sachs BDC by 15.9% during the second quarter. Centaurus Financial Inc. now owns 9,584 shares of the financial services provider’s stock valued at $144,000 after acquiring an additional 1,316 shares during the last quarter. Finally, Principal Street Partners LLC acquired a new position in shares of Goldman Sachs BDC during the third quarter worth $141,000. 28.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a report on Tuesday, October 8th.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock opened at $12.40 on Friday. The stock has a market capitalization of $1.45 billion, a PE ratio of 17.71 and a beta of 1.06. The business’s 50 day simple moving average is $12.67 and its 200 day simple moving average is $13.69. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Goldman Sachs BDC, Inc. has a one year low of $11.72 and a one year high of $15.94.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. The company had revenue of $110.41 million for the quarter, compared to analyst estimates of $112.43 million. During the same period in the prior year, the firm posted $0.64 EPS. As a group, research analysts forecast that Goldman Sachs BDC, Inc. will post 2.19 earnings per share for the current year.

Goldman Sachs BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 14.52%. The ex-dividend date is Tuesday, December 31st. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 257.15%.

About Goldman Sachs BDC

Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.